Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2022

Schedule of Property, Plant and Equipment by Major Asset Class

The Company's property, plant and equipment assets by major asset class at September 30 consist of:


	2022		2021
Property, plant and equipment:
Land	$	913	$	994
Buildings	16,553		16,931
Machinery and equipment	93,510		92,871
Total property, plant and equipment	110,976		110,796
Less: Accumulated depreciation	71,704		68,088
Property, plant and equipment, net	$	39,272	$	42,708

Schedule of Dilutive Effect of Company's Restricted Shares and Performance Shares

The dilutive effect is as follows:


	September 30,
	2022		2021


Net (loss)	$	(9,640)	$	(743)

Weighted-average common shares outstanding (basic and diluted)	5,830		5,759







Net (loss) income per share – basic and diluted:	$	(1.65)	$	(0.13)







Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share	270		412

Schedule of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss as shown on the consolidated balance sheets at September 30 are as follows:


	2022		2021
Foreign currency translation adjustment, net of income tax benefit of $0 and $0, respectively	$	(6,196)	$	(5,359)
Net retirement plan liability adjustment, net of income tax benefit of $(3,758) and $(3,758), respectively	(2,509)		(3,720)
Interest rate swap agreement, net of income tax benefit of $0 and $0, respectively	12		—
Total accumulated other comprehensive loss	$	(8,693)	$	(9,079)

The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:


	Foreign Currency Translation Adjustment		Retirement Plan Liability Adjustment		Interest Rates Swap Adjustment		Accumulated Other Comprehensive Loss




Balance at September 30, 2020	$	(5,257)	$	(8,211)	$	—	$	(13,468)
Other comprehensive income (loss) before reclassifications	(102)		3,371		—		3,269
Amounts reclassified from accumulated other comprehensive loss	—		1,120		—		1,120
Net current-period other comprehensive income (loss)	(102)		4,491		—		4,389

Balance at September 30, 2021	(5,359)		(3,720)		—		(9,079)
Other comprehensive income (loss) before reclassifications	(837)		527		12		(298)
Amounts reclassified from accumulated other comprehensive loss	—		684				684
Net current-period other comprehensive income (loss)	(837)		1,211		12		386
Balance at September 30, 2022	$	(6,196)	$	(2,509)	$	12	$	(8,693)

Schedule of Reclassification Out of Accumulated Other Comprehensive Loss

The following table reflects the changes in accumulated other comprehensive loss related to the Company for September 30, 2022 and 2021:


	Amount reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive loss components	2022		2021		Affected line item in the Consolidated Statement of Operations

Amortization of Retirement plan liability:

Net actuarial gain	1,003		4,217		(1)
Settlements/curtailments	208		274		(1)
	1,211		4,491		Total before taxes
	—		—		Income tax expense
	$	1,211	$	4,491	Net of taxes

(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 8, Retirement Benefit Plans, of the consolidated financial statements for further information.